Finder's specialists convened to give their 2023 bitcoin price forecast, and the panelists suggest bitcoin will peak at $29,095 this year.
predictions report published by finder.com indicates that the consensus is bitcoin will peak at $29,095 this year. However, the leading crypto asset is also predicted to end 2023 at roughly $26,844 per unit.
Furthermore, the Finder’s panelists expect a deep plunge down to a low of $13,067 per unit. Ruadhan O, the creator and founder of Seasonal Tokens, believes bitcoin will peak at $27,000 per unit because of the worries surrounding centralized entities within the crypto industry. “The price is low because possible imminent catastrophes are being priced in,” Ruadhan O told Finder’s researchers.
Around 21% of the panelists expect institutional investors to leave the crypto market for different asset classes this year. Roughly 65% of Finder’s experts, including Alexander Kuptsikevich, the senior market analyst at Fxpro, believe bitcoin is underpriced. “The phase of the most active cryptocurrency sell-off is over. 2023 will be a year of careful price recovery. However, a real FOMO market is unlikely to come until 2024-2025,” Kuptsikevich remarked.
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